Crown Prince of the Empire, I quit!

With Qin Ming's enthronement as emperor, Daqian was divided into the Southern Dynasty and the Northern Dynasty, and the issue of establishing the capital was put on the agenda.

That day, Qin Ming called Chen Shimao to his side.

"Teacher, what do you think of Luo Cheng?"

Luocheng is located in the center of the Central Plains, connecting all directions, and is very suitable to be the capital of the Southern Dynasty.

Chen Shimao naturally had no objections, but at this moment he whispered:

"Your Majesty, Luocheng is certainly possible, but this place doesn't look like the imperial capital yet."

Qin Ming understood what he meant. As the imperial capital of the Southern Dynasty, Luocheng was much weaker than the capital in all aspects.

Especially the economy.

"How about moving some of Lingnan's industries here?"

Qin Ming had discovered a huge problem long ago, that is, many of the forces in their hands were too close to the southern edge.

If it is used for support in wars in the future, it will definitely not be able to catch up.

Therefore, this matter needs to be resolved in a timely manner.

Chen Shimao also meant this.

"Lingnan is our bottom line. I think there's no need to move. It would be best to rebuild some factories, abandon textile mills and other labor-intensive factories, and focus on technology."

Some simple labor-intensive factories can be built anywhere.

But what really drives Qin Ming's development is technology.

For example, steam engines, firearms, and oil refineries.

"That's possible, but the cost is too high."

Qin Ming frowned slightly, feeling a little worried about the current situation.

After helping the Nanyang countries resolve the turmoil in Zoroastrianism and conducting several rounds of trade with them again, Qin Ming had a lot of silver.

This was enough for them to build the factory, but after that, they would need a lot of silver to replenish it.

With the war approaching, Qin Ming did not dare to spend all his money on the construction of the factory.

"Your Majesty, I know what you're worried about. Actually, we don't need to pay for this."

Chen Shimao spoke with a smile, having already thought of a solution.

Hearing this, Qin Ming suddenly became curious.

“Who else can help us bear the responsibility at this stage?”

"We can seek some help from the major families and give them some money every year."

Chen Shimao explained to Qin Ming with a smile.

What he said reminded Qin Ming of some joint-stock companies.

Now, he opened his mind.

"Teacher, in fact, we can not only obtain money from these big families."

"Oh?"

Chen Shimao looked at Qin Ming in surprise.

At this stage, Qin Ming has just become emperor, and the people's hearts are not stable.

Emperor Qian of the Northern Dynasty had been looking for an opportunity to overthrow the Qin Ming Dynasty.

He even secretly instigated the power of the people to continuously resist Qin Ming's rule.

But at this time Qin Ming wanted to extend his hand to the people.

Once he really robs all the major families and the people from all over the place, his reputation will definitely be very bad.

Chen Shimao didn't believe that Qin Ming wouldn't think of this.

"Teacher told me last time that the people's hearts are unstable, right?"

Qin Ming smiled mysteriously and spoke to him.

"Yes, the Southern Dynasty has just been established, and it is not recommended that Your Majesty exploit the people."

"Of course not. I want to turn the construction of the factory into a loan and issue notes. Everyone can exchange silver for the notes."

Qin Ming explained his arrangements to Chen Shimao with a smile.

"If they hold the notes, they can take their share of the factory profits every year based on the amount of capital they invested at the time."

"As for these bills, they can actually be exchanged for cash. For example, when they need money urgently, they can come to the factory and exchange the money directly."

"Of course, they can conduct transactions privately below and buy and sell with each other."

Qin Ming's statement directly opened up new ideas for Chen Shimao.

This is simply getting something for nothing.

It’s even better than the method proposed by Chen Shimao before!

Not only can you get silver from those big families, you can also get silver from countless ordinary people.

The two sides benefit from each other.

"Your Majesty, I will publish the advertisement in the newspaper tomorrow and start selling your bills from Luo City to the surrounding cities."

Chen Shimao applauded and was very excited about Qin Ming's idea.

If it succeeds, maybe several million taels of silver will appear out of thin air in the future.

Seeing that Chen Shimao had made up his mind, Qin Ming did not let him leave. Instead, he held him back and said in a serious tone:

"Teacher, you only saw the benefits of what I just told you."

"But in reality, there are also many disadvantages to doing so, such as bank runs."

"What does a bank run mean?"

Chen Shimao was stunned for a moment. He didn't quite understand the financial concepts in modern society.

Qin Ming explained simply:

"We only had a small amount of silver left to exchange for the notes they purchased, but within a short period of time, a large number of people came to exchange for silver, and we couldn't take out that much."

"That's a problem."

Chen Shimao was a smart man and quickly understood the situation Qin Ming described.

"Besides the bank run, there are many other troubles, and we need to prepare in advance."

Before Qin Ming does anything, he always thinks of some bad possibilities in advance.

After listening to Qin Ming's detailed explanation, Chen Shimao understood everything.

"Don't worry, I will let Qian Cai pay attention to these issues."

"When the sale starts, I'll go with you."

"Row!"

Soon, the news that Qin Ming was going to set up a factory spread throughout the Central Plains and the South.

Even the imperial court got the news. When they heard that Qin Ming was so popular, many aristocratic families also took some actions.

That day, Guan Yue, who had moved from Lingnan to Luocheng to live with Qin Ming, found him and said to him helplessly:

"Recently, big families from all over the country have heard the news, and many people want to see you every day."

"Why are you meeting me?"

Qin Ming looked at Guan Yue with a strange look on his eyebrows.

Guan Yue sighed.

"Of course we give them money and food. They are all anxious to take sides now. Many people are very optimistic about you."

Qin Ming has technology and a powerful army. In the eyes of many people, such strength makes him the best choice.

At least it is much better than the Northern Dynasties.

"Let them all go and tell them that if they want to support, they should buy more factory tickets."

Qin Ming and his team are now building a factory.

The amount of bills initially issued was as much as five million taels of silver.

This number is already astonishing, but Qin Ming and Chen Shimao still feel it is not enough.

They calculated the strength of the aristocratic families in various places.

Add to that the millions of people, and everyone just needs to contribute a little silver.

It was enough for them to get tens of millions of taels of silver out of thin air to build a factory.

"Okay, I'll go tell them now."

Guan Yue nodded and immediately arranged the matter.

Not long after she left, a graceful figure stood in front of Qin Ming's study door.

The person who came was Wan Shu, the president of Lingnan Chamber of Commerce and an old acquaintance of Qin Ming.

"This humble lady pays homage to His Majesty."

Seeing Qin Ming, Wan Shu bowed leisurely with a smile on her face.

Qin Ming casually pulled a stool next to him and said:

"There's no need for such formalities in our relationship. What brings you to me today?"